A health check before betting money on ₹9,275 cr IPO
Synopsis Manipal Health Enterprises' Rs 9,275-crore IPO opened for subscription on July 29 with a muted grey market premium of around 2%, signalling limited listing
Synopsis Manipal Health Enterprises' Rs 9,275-crore IPO opened for subscription on July 29 with a muted grey market premium of around 2%, signalling limited listing gains. The hospital chain plans to use proceeds to reduce debt and fund acquisitions. While most brokerages recommend subscribing for the long term, several caution that the IPO's premium valuation caps near-term upside.
The BriefWire